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Earnings season is close to ending, as over 80% of companies in the S&P 500 have reported their 4th quarter results already. The largest percent gainers among stocks over the past four weeks have been those that reported strong earnings or where management guided growth estimates higher going forward. With this all in mind, savvy investors should be putting a watch list together to take advantage of the potential outperformance among companies that have yet to report.

An example of one such outperformer is Crocs (CROX), which gained 14% last week after a rally into earnings that was capped by a 4.5% gap up after reporting results that were above estimates. Subscribers to my MEM Edge Report were alerted to CROX last December after it broke out of a 3-week base amid analyst upgrades.

DAILY CHART OF CROCS INC. (CROX)

Analyst upgrades going into earnings is one item to watch out for as you put together your watchlist. This is because Wall Street researchers often have access to more detailed information relative to individual investors, and they’re unlikely to put their neck on the line with an upgrade that’s not well researched.  You can stay on top of upgrades and downgrades to estimates with services such as MarketWatch.

Tuning into the strength of a stock’s industry group is another way to uncover candidates for your watch list. You’ll want your company to be in an area where other stocks are trending higher as well, as, most likely, there’s growth taking place across the industry. This industry group strength can easily be uncovered using StockCharts.com’s SCTR rating under the Sector Summary sub Industry Group list.

In addition, your best watchlist candidates will be top performers within their group, as their winning ways will often continue after they report positive results. Again, the SCTR rating of stocks within an industry group is an ideal way to uncover the relative outperformers with the best-looking charts.

From here, you’ll want to pay attention to the stocks earnings releases from the past as, statistically, a company that has a history of reporting results above estimates will continue to do so. This was true of CROX, shown above.

DAILY CHART OF S&P RETAIL ETF (XRT)

Over the next several weeks, many retailers will be revealing their quarterly earnings and sales results, as they are the last area to report. The good news is Retail Sales surged in January, which will improve the possibility of a positive outlook for growth going forward. A close look at Wednesday’s Retail Sales shows that food service led all major categories after increasing by 7.2%.

Next week, one of the eleven stocks on the Suggested Holdings List of my MEM Edge Report is due to report their earnings. Not only is it in the Restaurant group, where the largest surge in retail sales occurred, but it is the top relative performer amid analyst upgrades. You can get immediate access to this stock by using this link here. You’ll also receive 4 weeks of this highly-regarded, twice-weekly report delivered directly to your email going forward.

While not mentioned above, the status of the broader markets is one of the most important aspects to determine if you should get involved with a stock. The MEM Edge Report provides a detailed outlook of the markets as well. I hope you’ll join the many pleased subscribers to this report so that you, too, can invest successfully and with confidence.

Warmly,

Mary Ellen McGonagle, MEM Investment Research

Goldman Sachs and Bank of America said they expect the U.S. Federal Reserve to raise interest rates three more times this year, lifting their estimates after data pointed to persistent inflation and a resilient labor market.

Producer prices accelerated in January by the biggest margin in seven months, according to data on Thursday, while a Labor Department report showed the number of Americans filing new claims for unemployment benefits unexpectedly fell last week.

“In light of the stronger growth and firmer inflation news, we are adding a 25bp (basis points) rate hike in June to our Fed forecast, for a peak funds rate of 5.25%-5.5%,” Goldman Sachs economists led by Jan Hatzius said in a note dated Thursday.

Meanwhile, money markets are currently pricing in a terminal rate of 5.3% by July.

BofA Global Research also expects a 25bps hike in the Fed’s June meeting, pushing the terminal rate up to a 5.25%-5.5% range.

It had earlier pencilled in two rate hikes of 25 bps each in the March and May meetings.

“Resurgent inflation and solid employment gains mean the risks to this (only two interest rate hikes) outlook are too one-sided for our liking,” BofA wrote in a client note.

After the recent U.S. data, European investment bank UBS said it was expecting the Fed to raise rates by 25 bps at its March and May meetings, which may leave the Fed funds rate at the 5%-5.25% range.

In sharp contrast to its U.S. peers, however, UBS estimated that the Fed would ease interest rates at the September meeting this year.

Before the recent U.S. data, J.P. Morgan had forecast the terminal rate at 5.1% by the end of June.

A majority of economists polled by Reuters before the latest data said they expected the Fed to raise rates at least twice more in the coming months, with the risk of them going higher still. None of them are expecting a rate cut this year.

This post appeared first on NBC NEWS

GREEN BAY – The Green Bay Packers’ easiest offseason decision was whether to restructure running back Aaron Jones’ contract to account for his $20 million salary cap number.

It was more a matter of whether Jones would agree to it..

The Packers, desperate for salary cap room and hedging their bets on a 29-year-old running back, demanded a $5 million salary cut from $16 million to $11 million and in turn converted $8.52 million of Jones’ salary into a guaranteed signing bonus, according to an NFL source with access to NFL salary information.

Jones could have rejected the pay cut and probably been released into the open market, but agent Drew Rosenhaus recognized that the market for older running backs isn’t very good and Jones was better off sticking with the Packers.

As a result of the move, the Packers cleared around $12 million off their cap and are now roughly $8 million over.

The Packers had added voidable years to the contract when it was restructured for cap purposes in 2022, so they were able to to spread the new converted signing bonus over five years, thus reducing the cap hit of the $8.52 million signing bonus to $1.7 million in 2023.

Jones’ cash payout this year is a $1.58 million base salary, the $8.52 million signiing bonus, a per game roster bonus of a maximum of $400,000 and a workout bonus of $500,000.

ESPN and NFL Network were the first to report the pay cut.

The Packers were around $20 million over the salary cap to start the off-season and so regardless of the status of quarterback Aaron Rodgers, they were going to have to restructure several contracts to get in line with the spending limit.

Jones produced his third 1,000-yard rushing season in the past four years, totaling 1,121 yards and two touchdowns on 213 carries. In addition, he caught 59 passes for 395 yards and five touchdowns.

His 1,516 yards from scrimmage ranked ninth in the NFL and his 5.3-yard average ranked first among running backs with at least 150 carries.

The only downside to Jones’ season were his five fumbles, including a crucial loss in the season-finale defeat to the Detroit Lions.

Jones signed a four-year, $48 million contract on March 14, 2021. It paid him a $13 million signing bonus and features an $11.1 million base salary next season, which was not changed as a result of the restructure.

If the Packers cut Jones after the 2023 season, he will count $12 million against the cap.

This post appeared first on USA TODAY

For the third time, the XFL is going to give spring pro football a try, kicking off a 10-week regular season with eight teams.

In April, the reimagined USFL will kick off its second season after managing to successfully complete its first season, during which the league played all of its games in Birmingham, Alabama.

That means sports fans will have two spring pro football leagues to watch … though the seasons of the XFL and USFL will only overlap for a month.

While our country has a borderline ridiculous appetite for football, that hasn’t quite carried over to spring football. Just four years ago, the Alliance of American Football attempted to fill the post-Super Bowl football void, only to fold with two weeks still left to play in its inaugural season.

It was a reminder that it’s tough out there for start-up pro football leagues. So, good luck XFL and USFL, as you compete for the attention of the sporting audience this spring.

Dating back to World War II, only one start-up outdoor professional football league survived. It currently exists as the NFL’s American Football Conference. In 1960, the American Football League went head-to-head with the National Football League and succeeded, forcing a merger between the two leagues and spawning the unofficial national holiday that is the Super Bowl.

Whether these leagues were direct competitors to the NFL, or just trying to fill a void in the football calendar in the timeframe after the Super Bowl, these leagues provide a cautionary tale for anybody thinking about getting another pro football league off the ground.

XFL 2.0

Existence: Five weeks (2020)

What happened? Blame a global pandemic for the premature end of the second (but not last!) iteration of the XFL. Just five weeks into its 10-game schedule, the XFL joined every other sports league in suspending its season due to the coronavirus pandemic. The XFL initially stated it would be back in 2021, but a month later the league filed for Chapter 11 bankruptcy.  In August 2020, Dwayne ‘The Rock’ Johnson and business partner Dany Garcia were among a group of investors that purchased the XFL’s parent company for roughly $15 million. The league did have a promising start in 2020. It drew larger crowds than its spring football predecessor, the Alliance of American Football, and had national television agreements with ESPN and Fox Sports.

Alliance of American Football

Existence: Eight weeks (2019)

What happened? The AAF jumped out to strong TV ratings, but financial problems emerged early and Tom Dundon — who also owns the NHL’s Carolina Hurricanes — stepped in with a $250 million investment. Six weeks later, after trying to secure cooperation from the NFL Players’ Association to use young players from NFL rosters in AAF games, Dundon pulled the plug on The Alliance.

Fall Experimental Football League

Existence: 2 seasons (2014-15)

What happened? The FXFL was, well, small. It played with four teams in 2014 and just three in 2015. The league had hoped to be a developmental league for the NFL, playing its games in the fall and ending its season in November, which is normally a time when injuries can take a toll on an NFL roster. However, without official NFL support, the league never became profitable and closed operations before it could complete its second season.

United Football League

Existence: 4 seasons (2009-12)

What happened? A rare start-up football league to try to play its games in the fall, the UFL nearly benefited from a prolonged lockout in 2011 as the NFL and NFLPA worked out a new collective bargaining agreement. Instead, the NFL lockout was resolved in time for the 2011 regular season and the UFL wouldn’t be the only pro football option for TV networks that autumn. The UFL played the 2011 season, but its 2012 season was cut short after four weeks of play as the league succumbed to financing issues.

XFL 1.0

Existence: 1 season (2001)

What happened? Triggered by the marketing power of Vince McMahon and what is now the WWE (plus a partnership with NBC), the XFL opened to huge TV ratings. Those ratings quickly deteriorated as the season went along. Billed as ‘the toughest football ever,’ the XFL failed to live up to expectations. It was just bad football, featuring trash-talking TV commentators such as Jesse Ventura (then the governor of Minnesota) and borderline-inappropriate cheerleaders (there were, however, cool player nicknames on the back of jerseys). Less than a month after it played its championship game, the XFL folded after massive financial losses. Only the AAF failed faster than the XFL in 2001. Despite all of this, McMahon reincarnated the XFL for a 2020 launch.

World League of American Football/NFL Europe/NFL Europa

Existence: 15 seasons (1991-2007)

What happened? This start-up lasted the longest of any, thanks to the backing of the NFL. The original ‘World League’ featured three Europe-based teams, one in Canada and six teams in the U.S. This incarnation lasted two seasons and the league was put on hiatus until being brought back as NFL Europe in 1995 with each of its six teams based in Europe (it was rebranded as NFL Europa for its final season in 2007). The NFL assigned developmental players to NFL Europe teams, and the league’s track record for producing NFL talent was tremendous. Pro Football Hall of Famer Kurt Warner is the most notable alum. Others included QBs Jake Delhomme, Brad Johnson and Jon Kitna, LB James Harrison, DT La’Roi Glover, return specialist/WR Dante Hall, and kickers David Akers and Adam Vinatieri. Actor Terry Crews also played in the league. In 2007, as part of a new strategy to ‘make the NFL more accessible on a global scale,’ the NFL shut down NFL Europa and focused on the International Series of games in London (though it took until 2022 for the NFL to finally play a regular-season game in Germany, which was an NFL Europe stronghold).

United States Football League

Existence: 3 seasons (1983-85)

What happened? Playing its games in the spring, the USFL wasn’t a direct competitor to the NFL. However, it was competing for talent. The first salvo was the signing of 1982 Heisman winner Herschel Walker. While Walker never became a Pro Football Hall of Famer, four players enshrined in Canton did begin their pro football careers in the USFL: Jim Kelly, Steve Young, Reggie White and Gary Zimmerman. A relatively modest beginning for the USFL got a huge jolt when Donald Trump bought the New Jersey Generals. Trump worked to convince other USFL owners to move its league games to the fall. With the USFL planning a 1986 move to fall games, Trump then convinced USFL owners to file an anti-trust lawsuit against the NFL. This did not go well. The USFL was awarded $1 in damages and the league was done.

World Football League

Existence: 2 seasons (1974-75)

What happened?  Aligned as a direct competitor to the NFL, the WFL signed a number of notable NFL players, including a trio from the Super Bowl champion Miami Dolphins: Larry Csonka, Jim Kiick and Paul Warfield. The league’s first season ended with the league champions — the Birmingham Americans — having their uniforms repossessed. Despite that obvious financial trouble, the WFL came back for more in 1975. It didn’t survive long enough to hold another title game, folding midway through its season. 

Continental Football League

Existence: 5 seasons (1965-69)

What happened? This is where Bill Walsh got his first head coaching gig, coaching the San Jose Apaches in 1967. The Continental Football League survived until the AFL-NFL merger, when teams folded and the league was no more.

All-American Football Conference

Existence: 4 seasons (1946-49)

What happened? The AAFC — like the American Football League after it — was a legitimate competitor to the NFL. For the 1950 season, three AAFC teams — the Baltimore Colts (a separate franchise than the team currently located in Indianapolis), Cleveland Browns and San Francisco 49ers — were merged into the NFL. The Browns — winners of all four of the AAFC championship games — were an instant powerhouse in the NFL. Defeating the defending NFL champion Philadelphia Eagles in a famous 1950 season-opener, then winning the league title that season and playing in the NFL championship game in seven of its first eight NFL seasons. 

Pacific Coast Professional Football League

Existence: 9 seasons (1940-49)

What happened? The PCPFL operated mostly during a time when the furthest west NFL franchises were the Chicago Bears and Green Bay Packers. In 1941, Jackie Robinson played in the PCPFL as a running back for the Los Angeles Bulldogs. Before becoming NFL pioneers with the LA Rams, Kenny Washington and Woody Strode — Robinson’s teammates at UCLA — played for the Hollywood Bears. Popularity in the league decreased due to the Cleveland Rams’ move to Los Angeles in 1946, as well as the presence of the AAFC’s Los Angeles Dons.

Follow USA TODAY Sports’ Jim Reineking on Twitter @jimreineking.

This post appeared first on USA TODAY

“There is an I in ‘win.’”

There is only one athlete that this phrase could be attributed to and it’s the one and only Michael Jordan. The Chicago Bulls star captivated the nation from his college days at North Carolina and used his professional career to break through barriers of what a basketball player could be. Jordan became a global icon in his 15-year NBA career and continues to be an international sensation.

This was all before the dawn of social media.

Today’s basketball stars, including Kevin Durant, Candace Parker, Damian Lillard, Breanna Stewart and the NBA’s new scoring king, LeBron James, have built fanbases through excellence on and off the court. The importance of a personal brand continues to increase. But Jordan literally created his own brand.

As the six-time NBA champion celebrates his 60th birthday on Friday, here are 60 facts about his basketball career, pop culture influence and life beyond the hardwood:

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Michael Jordan’s early days

1. Michael Jordan was born on Feb. 17, 1963 to James and Deloris Jordan. The couple was living in Brooklyn, New York, at the time, but moved to Wilmington, North Carolina, a few years after he was born. Jordan has two older brothers, an older sister and a younger sister.  

2. Michael Jordan was motivated as a child by his brother, Larry, who also played basketball. They both wore No. 45 jerseys, but when they played on the same team, the younger brother had to pick a new number. So he cut 45 in half and rounded up to No. 23. He carried it through college, the NBA and into icon status. 

3. The only time Michael Jordan wore 45 after committing to 23 was after the return from his first retirement in March of 1995. He finished out the regular season and the first round of the playoffs in the new number before struggling in Game 1 of the Eastern Conference semifinals and deciding he had better luck in No. 23.

4. Michael Jordan was very close with his father, James. In “The Last Dance,” he revealed that he was suspended three times during his ninth grade year and his father put him back on track.

“My father pulled me aside that summer,” he shared, “and he said, ‘Look, you don’t look like you’re headed in the right direction. If you want to go about doing all this mischievous stuff, you can forget sports.’ That’s all I needed to hear. It was like from that point on, it was tunnel vision.”

5. His sophomore year, Michael Jordan didn’t make the varsity basketball team at Laney (N.C.) High School. The experience gave him reason to not ever be left off a team again.

Michael Jordan’s legend starts at North Carolina

6. As a freshman with the North Carolina Tar Heels, Michael Jordan hit the game-winning jump shot in the victory over the Georgetown Hoyas to win the 1982 national championship.

“That turned my name from Mike to Michael Jordan,” he said in “The Last Dance.” “It gave me the confidence that I needed to start to excel at the game of basketball.”

7. Michael Jordan received his degree from the University of North Carolina in 1986 when he returned to complete his classes after breaking his foot. He majored in geography.

8. Michael Jordan wore a pair of North Carolina practice shorts under his Chicago Bulls shorts for every game. 

Michael Jordan dominates the basketball world

9. Michael Jordan was selected by the Chicago Bulls as the No. 3 overall pick in the 1984 NBA draft. Ahead of him was Hakeem Olajuwon by the Houston Rockets and Sam Bowie by the Portland Trail Blazers. Other stars in the draft class included Charles Barkley of the Philadelphia 76ers and John Stockton of the Utah Jazz.

10. Michael Jordan was named the 1984-85 NBA Rookie of the Year. He finished his first season with the Chicago Bulls starting all 82 games with a stat line of 28.2 points per game, 6.5 rebounds per game and a .515 field goal percentage.

11. Michael Jordan broke his foot in his second season. He powered his way through rehab to return to top shape.

12. Michael Jordan’s highest-scoring game was when he racked up 69 points in a 117-113 overtime win against the Cleveland Cavaliers on March 28, 1990. He scored 60-plus points five times in his career.

13. The legacies of Larry Bird and Magic Johnson weighed heavily on Michael Jordan early in his career since he was known as a scorer, but not a winner. The 1991 NBA Finals in which the Chicago Bulls defeated the Los Angeles Lakers was a big relief to the rising star, who won his first of six championships.

14. Michael Jordan only packed one suit when the Chicago Bulls traveled to play the Phoenix Suns in the 1993 NBA Finals. The Bulls failed to clinch the title in Game 5 at home.

“We going back to win one game,” he recalled telling the team in “The Last Dance.” “I’m not going there to play two games.”

He scored 33 points in Game 6 as the Bulls won their third straight title, becoming the the third team in NBA history to accomplish a three-peat.

15. Michael Jordan announced his first retirement in 1993 after the death of his father.

16. On March 18, 1995, Michael Jordan shocked the world when he returned to basketball. He shared the news with an often-imitated, never duplicated two-word fax, “I’m back.”

17. Michael Jordan played with a stomach bug in Game 5 of the 1997 NBA Finals against the Utah Jazz, the “Flu Game.” He scored 38 points and a key three-point shot that gave the Chicago Bulls the lead for good. Chicago wrapped up the series in the next game and Jordan captured his fifth title.

18. Despite initially not appreciating Phil Jackson’s triangle offense, which emphasized team play, Michael Jordan advocated for giving the head coach a contract extension ahead of his last season with the Chicago Bulls. 

“Phil should be the head coach and I shouldn’t be put in a position to have to make a choice to play for another coach other than Phil Jackson,” he said in a press conference during the 1995-96 season. “… Sadly as it may be, I have choices. I will not choose to play for another coach.”

19. Michael Jordan was a mentor to Kobe Bryant, who entered the NBA in 1996, Jordan’s 12th season in the league. Jordan spoke at Bryant’s memorial after he died in 2020 at the age of 41.

20. Madison Square Garden was Michael Jordan’s favorite arena to play in. When he played there in 1998, believing it was his last season of basketball, he broke out an old pair of Air Jordan 1s, which he wore several years before during his debut at the iconic New York venue. He scored 42 points in the game even though his feet were bleeding.

21. Michael Jordan retired a second time in 1998 after capturing his sixth title. In his final game with the Chicago Bulls, he scored the game-winning shot to beat the Utah Jazz in six games.

22. Michael Jordan was away from the NBA for three seasons and took on the role of president of basketball operations and was a minority owner of the Washington Wizards. The lure of the game pulled him in yet again as he signed a two-year deal with the team on Sept. 25, 2001.

‘I feel there is no better way of teaching young players than to be on the court with them as a fellow player, not just in practice, but in NBA games,’ he said. ‘While nothing can take away from the past, I am firmly focused on the future and the competitive challenge ahead of me.’

23. Michael Jordan played his last NBA game at the age of 40 on April 16, 2003 when the Washington Wizards played the Philadelphia 76ers. He scored 15 points in 28 minutes.

24. The Chicago Bulls retired Michael Jordan’s No. 23 number in 1994 after he first stepped away from the game.

25. Even though Michael Jordan never played for the Miami Heat, the franchise retired his No. 23 in 2003, his final season in the NBA.

26. Michael Jordan was an All-Star in 14 of his 15 NBA seasons, including both seasons with the Washington Wizards.

27. Michael Jordan was the NBA scoring champion 10 times. He scored 3,041 points in the 1986-87 campaign, which is the third-highest total in history. 

28. After LeBron James became the new NBA all-time scoring leader, Michael Jordan is now fifth with 32,292 career points.

29. Michael Jordan was named the MVP five times in his career. The NBA named the award after him in 2022.

30. Michael Jordan was inducted into the Naismith Memorial Basketball Hall of Fame in 2009. He chose his childhood hero, former North Carolina State star David Thompson, to present him.

Michael Jordan’s Olympic greatness

31. Michael Jordan wore No. 9 in the Olympics because the games only allowed numbers up to 15. He took his favorite number from childhood, 45, and added 4 and 5 together.

32. Michael Jordan won two Olympic gold medals, one in 1984 when he was a college player and one in 1992 as a member of the Dream Team. Alongside Magic Johnson, Larry Bird, Karl Malone, Charles Barkley, Patrick Ewing, Clyde Drexler, Christian Laettner, John Stockton and his Chicago Bulls teammate Scottie Pippen, Jordan and the U.S. won eight straight games to be crowned the best basketball team in the world.

33. During the 1992 Olympic gold medal ceremony, Michael Jordan, a Nike athlete, famously covered up the Reebok logo on his jacket by draping an American flag over his shoulders.

34. Michael Jordan won an NCAA championship, an NBA title and an Olympic gold medal. He is only one of seven players to do so.

Air Jordan takes on a life of its own

35. Michael Jordan signed with Nike in 1984 at the advice of his agents and parents after initially wanting to join Adidas. He received a monster deal of $550,000 per year over five years. In the first year of the contract, the company sold $126 million worth of product.

36. Michael Jordan’s Jordan Brand became its own company in 1997 and has become synonymous with style, performance and greatness.

37. Spike Lee helped Air Jordan gain traction across the country by using the sneakers in his movies and working with the company on their ad campaigns. He coined the phrase, “Is it the shoes? It’s gotta be the shoes!”

38. Air Jordan cleats are now fairly common to see on the NFL field. San Francisco 49ers wide receiver Deebo Samuel has worn multiple pairs and Philadelphia Eagles quarterback Jalen Hurts wore Jordan XI Concords and Jordan 1s in Super Bowl 57.

39. The most expensive pair of Jordan sneakers to be sold at retail was the Jordan 1 collaboration with Dior, which had a price tag of $2,200 upon its release in 2020 and has resold for $12,000.

40. Several game-worn sneakers from Michael Jordan’s career have sold for incredible amounts of money. The ‘Flu Game’ Jordan XIIs sold for $104,675 at auction in 2013. An original pair of Jordan 1s that he wore during an exhibition in Italy still have a piece of glass in the sole from when he shattered a backboard on a dunk. The sneakers sold in 2020 for $615,000.

Michael Jordan’s baseball career

41. Michael Jordan threw the first pitch at Comiskey Park for Game 1 of the 1993 ALCS between the Toronto Blue Jays and Chicago White Sox.

42. Michael Jordan entered Minor League Baseball in 1994 at the age of 31. He played outfield for the Birmingham Barons, a Double-A farm team for the Chicago White Sox.

43. Michael Jordan’s father inspired him to pursue baseball. James Jordan was a fan of Bo Jackson, who was an All-Star outfielder for the Kansas City Royals and a Pro Bowl running back for the then-Los Angeles Raiders. When Jordan’s father died in 1993, he took the opportunity to fulfill the dreams they always talked about.

44. Terry Francona, who won two World Series titles later in his career, was Michael Jordan’s manager when he played baseball and believed he could have had a successful career in the majors if he continued with America’s Pastime.

45. Michael Jordan hit .202 in his lone season in Minor League Baseball. His manager Terry Francona said that the batting average is reasonable for someone who was so rusty. However, famed batting coach Walt Hriniak was less than pleased with his student’s performance.

“I didn’t expect him to tear it up,” Hriniak told MLB.com, “but I expected him to do better.”

46. Michael Jordan’s baseball career abruptly ended due to the baseball strike of 1994-95.

Michael Jordan in pop culture

47. Michael Jordan has been the subject of several songs, including “Michael Jordan” by Kendrick Lamar and “Jumpman” by Drake and Future. Many artists, including Jay-Z, Big Pun, Lil Wayne, Fabulous and Nicki Minaj compare themselves to the champion in their lyrics to associate themselves with greatness. The tributes even come from overseas as British rapper A.J. Tracey paid homage to the basketball legend in 2021 with an entire album called “Flu Game.”

48. Michael Jordan starred in the 1996 film “Space Jam” where he was abducted by the Looney Tunes to help save the day from a group of aliens who stole the powers of other NBA stars. The movie, which Michael Jordan made while getting back in basketball shape after his first retirement, earned $90.4 million and became a pop culture sensation.

49. In 2002, Lil Bow Wow starred in “Like Mike.” The rapper/actor — who dropped the “Lil” in his moniker and now goes by his given name, Shad Moss — played an orphan who got extraordinary basketball powers after finding a pair of sneakers with Michael Jordan’s initials on them. The film reflected how MJ was the star everyone aspired to be.

50. In 2020, ESPN released the 10-part documentary “The Last Dance” on Netflix. The series came at a serendipitous time as the world was going through the coronavirus pandemic and had the time to sit and watch Michael Jordan’s story of perseverance and greatness.

Michael Jordan beyond the court

51. Michael Jordan is a father of five children. He had two sons, Jeffrey and Marcus, and a daughter, Jasmine, from his first marriage to Juanita Vanoy. He had twin daughters Ysabel and Victoria with his current wife, Yvette Prieto, in 2014. His older children have been involved with his business ventures.

52. In 2021, a game-worn jersey from Michael Jordan’s championship season with the North Carolina Tar Heels sold for $1.38 million, the record for a Jordan jersey at the time.

53. In 2022, the record for highest-selling Michael Jordan jersey was blown out of the water. A game-worn jersey from the 1998 NBA Finals sold for $10.1 million. Not only did it beat the previous Jordan jersey record, but it set the amount for the highest-selling piece of sports memorabilia ever.

54. In the 1990s, Michael Jordan was friends with WNBA star Sheryl Swoopes, who was the first women’s basketball player to have her own signature shoe, Nike’s Air Swoopes. The four-time WNBA champion was known as Her Airness.

55. Michael Jordan’s autobiography, “For the Love of the Game: My Story,” was released in 1998 after his second retirement.

56. Michael Jordan is the co-owner of the NASCAR team, 23XI Racing, with NASCAR standout Denny Hamlin. The two launched the team in 2020 with Bubba Wallace, who won his first race in 2021 at Talladega Superspeedway, making him the second Black driver to claim a victory in the Cup Series.

57. In 2010, Michael Jordan became the majority owner of the Charlotte Bobcats — now the Charlotte Hornets — for a reported $275 million. He mentored college superstar Kemba Walker, who became a three-time All-Star with the team. Upon Walker’s departure, the Hornets drafted LaMelo Ball, who was the 2020-21 NBA Rookie of the Year.

58. Michael Jordan is an avid golfer. He played 36 holes of golf a day while in Barcelona for the 1992 Olympics. He hosted his own charity tournament, the Michael Jordan Celebrity Invitational, from 2001 to 2014, and has his own golf course, The Grove XXIII, in Florida.

59. Some of the most iconic photos of Michael Jordan feature him smoking a celebratory cigar. But besides using them as a symbol of victory, the superstar genuinely enjoys smoking cigars. In an interview with Cigar Aficionado, he said, “It is the most relaxing thing.” His favorite? Partagas Lusitanias.

60. To celebrate his 60th birthday, Michael Jordan donated $10 million to Make-A-Wish, a charity that he has supported since 1989. The organization said that it was the largest donation in its history. 

“For the past 34 years, it’s been an honor to partner with Make-A-Wish and help bring a smile and happiness to so many kids,” he said. “Witnessing their strength and resilience during such a tough time in their lives has truly been an inspiration.”

This post appeared first on USA TODAY

The commission said Pierce agreed to pay $1.409 million in penalties, disgorgement, and interest to settle the charges.

Pierce made public statements about EthereumMax and promoted the tokens on social media.

″@espn I don’t need you,” Pierce said in a tweet in May 2021. “I got @ethereum_max I made more money with this crypto in the past month then I did with y’all in a year.”

This was a month after Pierce, then an NBA analyst with ESPN parted ways, after a video with Pierce and exotic dancers surfaced on Instagram.

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The SEC said Pierce failed to say that he was compensated for that promotion and that EMAX tokens were worth over $244,000.

The Securities and Exchange Commission enforces the law against market manipulation as well as to ‘protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation.’

Pierce is prohibited from promoting any crypto asset securities for the next three years.

‘This case is yet another reminder to celebrities: The law requires you to disclose to the public from whom and how much you are getting paid to promote investment in securities, and you can’t lie to investors when you tout a security,’ said SEC Chair Gary Gensler in a statement. ‘When celebrities endorse investment opportunities, including crypto-asset securities, investors should be careful to research if the investments are right for them, and they should know why celebrities are making those endorsements.’

Pierce was originally part of a federal class action lawsuit by investors who purchased EMAX tokens.  The lawsuit included high-profile celebrities such as Antonio Brown, Floyd Mayweather Jr., and Kim Kardashian, with the investors claiming to suffer financial losses based on the word of those celebrities. The lawsuit was thrown out in December.

Pierce, a 10-time NBA All-Star, played 19 seasons with the Boston Celtics, Brooklyn Nets, Washington Wizards, and Los Angeles Clippers, winning a title with the Celtics in 2008 and being named Finals MVP. 

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DAYTONA BEACH, Fla. — Austin Dillon loves Daytona International Speedway, which makes sense given his victories in the 2018 Daytona 500 and last August’s Coke Zero Sugar 400.

Kyle Busch? He won the 400 here in 2008 but doesn’t hold the same affinity for the track.

“So we’re going to try and make it one of his favorite places,” Dillon said Wednesday during Daytona 500 Media Day.

That’s Item No. 1 on their to-do list as brand-new teammates. After 15 years with Joe Gibbs Racing, Busch joined Richard Childress Racing before this season, pairing him with Dillon as the team’s only Cup Series drivers. 

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Dillon helped recruit Busch to RCR last summer. They’ve been competitors since Dillon made his first appearance on NASCAR’s highest level in 2011.

“I think it, obviously, pushes me,” Dillon said. “I love the push that he brings. I definitely want to step up our level for the No. 3 team and compete each and every week to push him. I think the cool part about Kyle, he’s a Hall of Famer. For him, there’s only one thing he looks at and that’s how he can win a race. He’s not worried about what I’m doing.”

Dillon finished 11th in last season’s point standings, slotting him two spots above Busch at 13. Each grabbed one victory.

In their first appearance as partners, Dillon took second and Busch third at The Busch Light Clash at the Coliseum exhibition race earlier this month.

“Obviously, his credentials are way higher than mine,” Dillon said. “But we think about racecars the same …

“He’s a competitor. I love his drive, his fire. He does not like to lose. He’s all about winning. In that, he puts in a lot of effort to do that and a lot of behind-the-scenes things go on to make sure we’re prepared to get to the track. I’m excited.”

Which leads them to this weekend’s 500, the beginning of the regular season and a new era at RCR. 

The team hasn’t claimed a Cup championship since Dale Earnhardt in 1994 nor had a driver place in the top 10 in the final standings since 2015. Its leadership hopes that changes with the Dillon-Busch duo.

“How do we take RCR to the next level?” Dillon said. “That’s consistently getting multiple wins, and multiple wins is what it takes to win a championship. You’ve got to win more than once, so for me, that’s the goal.”

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Just 13 hours before Finland played its first game in Eurobasket 2022 in September, Cleveland traded Finnish big man Lauri Markkanen to Utah. The deal focused on Donovan Mitchell going from the Utah Jazz to the Cleveland Cavaliers.

But as Eurobasket unfolded, Jazz officials, including new coach Will Hardy, began to see what was not previously apparent: Markkanen can be the best player on a team.

Against some of Europe’s top players, which included some high-level NBAers (Nikola Jokic, Bojan Bogdanovic, Dario Saric), Markkanen excelled.

He averaged 27.9 points and 8.1 rebounds in seven games, scoring 43 against Croatia and 28 against Spain. He made 3-pointers, scored inside and got to the foul line.

Hardy asked himself: Why can’t he do that for us?

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“Really, him playing for Finland just opened my eyes to the concept of let’s not put him in a box,’ Hardy told USA TODAY Sports. ‘Do we know exactly everything that he can and can’t do? No. But let’s not make any preconceived opinions about Lauri and his game because when he played for Finland, he was doing everything. He’s pushing the ball in transition, he’s posting, he’s shooting off the move, he’s playing a little bit of isolation, he’s setting ball screens, which gave us the freedom as a staff, and for me, to say, ‘OK, let’s try some things with him.’”

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The results have been phenomenal for the Markkanen and the Jazz. Markkanen, 25, averages career highs in points (24.9), field-percentage (51.3%), 3-point percentage (41.3%), free throw percentage (87.7%) and minutes (34.3) along with 8.6 rebounds and a career-best 22 double-doubles.

He was named to the All-Star team for the first time this month and will participate in the 3-point contest on Saturday, a day before the All-Star Game.

“It meant a lot,” Markkanen told USA TODAY Sports. “I’ve said it publicly. That’s been a goal of mine on the individual level. Obviously, the main goal is to win and win at the highest level, but as an individual player, that was always my goal – not be just another player. I wanted to make a difference and be on an all-star stage. But obviously, not satisfied with just the one appearance.”

Markkanen is the first All-Star from Finland and one of a league-record four European All-Star starters with Denver’s Nikola Jokic, Milwaukee’s Giannis Antetokounmpo and Dallas’ Luka Doncic. Markkanen attended All-Star Weekend in 2015 as a 17-year-old prospect at the NBA’s Basketball Without Borders global camp.

Selected No. 7 by Minnesota but traded to Chicago along with Zach LaVine on draft night in 2017, Markkanen spent his first four seasons with the Bulls, showing the capability to be a solid player – 18.7 points and 9.0 rebounds his second season – but not a star. Chicago’s acquisitions of LaVine, Nik Vucevic, Lonzo Ball and eventually DeMar DeRozan pushed Markkanen to the fringe and ended with a trade to Cleveland before the 2021-22 season.

In Cleveland, Markkanen formed a strong frontcourt filled with near 7-footers in Evan Mobley and Jarrett Allen. Markkanen played well but was not a featured scorer.

After last season, he had a long summer of preparing for this season and playing for Finland in Eurobasket. By the time Eurobasket concluded in September, the 7-foot Markkanen knew the tournament was an inflection point in his career.

“I was the No. 1 option, so I kind of got used to being guarded different ways and players trying to be physical with me and with different game plans, and I just got used to that,” Markkanen said. “And then this year’s EuroBasket was really competitive. A lot of NBA guys came back and every team had some high-level players. So I think just seeing that I was able to do that over there, it was kind of easy to come over here and bring that same mentality and skillset.”

From the start of the season, Markkanen did just that: 17 points in the season-opener, 31 points two games later, 31 points in a victory against Memphis on Oct. 31 and 38 points on 15-for-18 shooting in victory against Phoenix. He scored a career-high 49 points against Houston on Jan. 5.

‘Training camp started, and we put a couple things in for him and watched him play within our offense,” Hardy said. “We wanted to really have a structure that involved everybody and had a lot of guys doing a lot of different things. Lauri just kept seeming to find success, doing a little bit of everything. It’s kind of just grown piece by piece. He’s doing more now than he was the first day, and we’ve learned more about him, and he’s shown us all the things that he’s really good at.”

Versatility has emerged a key component of Markkanen’s offensive repertoire. He can shoot 3s (the Jazz love finding him open space on the weak side), he can hit mid-range shots, uses both hands effectively in the low post and with his size, he can get his shot off against most defenders. He has added a step-back 3 to his game, a move he hasn’t spent a lot of time working on.

“First time I did it this year, I didn’t really even think about it,” he said. ‘Obviously I did it a couple times this summer in EuroBasket, but it wasn’t like my workouts were based on step-back 3s. But, it’s something that I can do and I’m confident in shooting. The biggest thing, I know that I’m capable of making the shot.”

Hardy and Markkanen have developed a mutually beneficial relationship. The better Markkanen is, the better the Jazz are, and the Jazz have a promising future with Markkanen, Collin Sexton and a dozen future first-round picks. Markkanen has two years and $35.3 million left on his four-year contract, setting him up for free agency in 2025.

“I feel like 50% of my job is to push him and help him improve, to help try to find avenues for him to improve.,” Hardy said. “And the other 50% is to stay out of his way. And he knows that. He works as hard as any guy we have. He’s very diligent about not only his on-court work from a basketball standpoint, but he’s very diligent about taking care of his body.

“That’s another thing that isn’t talked about enough. You want to be one of the best players, you got to be durable. And he’s done a great job from a professionalism standpoint of doing what he needs to do on the court and in the weight room and training room every single day.”

Markkanen wants to work on his ball-handling and isolation one-on-one game to become a bigger threat. In a late-game play against Portland on Dec. 3 with the Jazz leading 111-110 and 37 seconds left in the fourth quarter, Markkanen dribbled across half court and turned the ball over, trying to pass to Kelly Olynyk. Hardy’s message to Markkanen: We want our best scorer to have the ball in his hands in that moment.

“I know I’ve got a ways to go to be the best player I can be,” he said. “But I’m excited about the journey, and I’m in the right spot to work on my game. It’s a great organization to be a part of, and there’s guys that help me with it, so I couldn’t be more happy.”

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Derek Carr is taking a look at another NFL team now that his free agency has officially started.

The nine-year veteran quarterback will visit with the New York Jets this weekend, NFL Network’s Mike Garafolo reported.

Carr met with the New Orleans Saints last week prior to being released by the Las Vegas Raiders on Tuesday. He decided, however, not to waive his no-trade clause. To avoid paying out the $40.4 million that Carr was set to have become guaranteed on Wednesday, the Raiders cut ties with their longtime starting quarterback, allowing him to sign with any team before free agency begins on March 15. 

Carr was benched for the final two games of the regular season, which signaled the end of a run in which he earned four Pro Bowl berths and became the franchise’s all-time leader in passing yards (35,222) and touchdown passes (217). 

‘We have a lot of respect for Derek Carr and what he has meant to the Raiders organization for the last nine years,’ Raiders coach Josh McDaniels and general manager Dave Ziegler said in a joint statement. ‘Derek has done great things in this league and we’re thankful to have been able to work with him this past year. He is a true professional and we appreciate his hard work in striving to produce the results we all desire. We wish Derek and his family all the best in the future.’

Carr’s potential fit with Jets

In New York, Carr would serve as the veteran upgrade behind center the team has said it is seeking this offseason. Former No. 2 overall pick Zach Wilson was benched in December amid persistent struggles, and team leadership has made clear a return to the starting role in the near future is not in the cards.

‘The quarterback position with all the different interviews was the No. 1 concern, and rightfully so and it was simple,’ Saleh said in January. ‘We’re committed to finding a veteran — we didn’t get into names. I doubt that he’s studied those guys yet which he’s going to start next week, but we didn’t get into specifics on names. But it was talked about that we do plan on bringing in a veteran quarterback if we can and we do want to continue working with Zach (Wilson).’

The Jets hired offensive coordinator Nathaniel Hackett in January after firing Mike LaFleur. The move ramped up speculation that the team would make a play to acquire four-time NFL MVP Aaron Rodgers, but the quarterback has yet to reveal his intentions for 2023.

The Jets also this week reportedly hired Todd Downing, who served as the Raiders’ quarterbacks coach from 2015-16 and offensive coordinator in 2017. 

While the Jets ranked 25th in total offense with 318.2 yards per game last year, Carr would have a bevy of young talent around him. First-round receiver Garrett Wilson was named NFL Offensive Rookie of the Year after notching 1,103 receiving yards on 83 catches, and second-round running back Breece Hall was off to a promising start before tearing his anterior cruciate ligament in October.

Follow Michael Middlehurst-Schwartz on Twitter @MikeMSchwartz.

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Tiger Woods, the 47-year-old father of a sports-playing teenage daughter, was photographed Thursday giving his playing partner Justin Thomas a tampon after Woods outdrove him in the first round of a PGA Tour event, replicating an old prank that immature school boys used to think was funny.

I can’t believe I just wrote that sentence in 2023.

Woods’ message to Thomas was obvious. It has been the go-to line of silly, often insecure boys for generations: 

You play like a girl. 

Really, Tiger? 

What a bizarre thing for a ‘girl dad’ to do. His daughter Sam, now 15, grew up playing soccer and had just played in a tournament in Florida when she arrived to watch him win the Masters in 2019. 

I’m guessing most of the millions of fathers and mothers who support their athletic daughters probably have long since retired all their juvenile pranks that were intended to demean the ability of those girls they love and for whom they spend so much time cheering. 

But not our Tiger. 

No, he employed basic misogyny to insult his good friend Thomas, a knee-slapper of a dig against female athletes: You hit the ball like a girl!

I’m curious. Do all male golfers carry tampons onto the course, or is it just Woods? We know women golfers do, but maybe it’s a male golfer thing now, too. Who knew? Tiger, that trendsetter.

TIGER WOODS APOLOGIZES: ‘It was just friends having fun’

I wonder, does Tiger buy his own tampons? Does he have a supplier, a woman he knows who gets them for him? Or does he simply steal them out of the women’s locker room at country clubs when no one is looking? 

While this is far from the biggest issue in sports these days, it does play right into a decades-old narrative that the leaders of golf are desperately trying to change, clearly with limited success:

That the game of golf is for men and men alone, including those grown men who apparently still act like teenagers. 

In one of the craziest business decisions a sport has ever allowed itself to make, golf for generations actively pushed women away from entering the game, from spending money on the game, from buying golf clubs and golf balls and golf shoes, you name it. The powers that be in golf, some of the greatest capitalists among us, chose sexism over capitalism.

There are still private golf clubs that women cannot join in this country, the big one finally falling in 2012 when Augusta National, the very visible home of the Masters, realized it had to do something to try to help golf attract even a tiny fraction of the millions of women who have grown up playing sports due to Title IX. 

Those women have the natural athletic ability and income to become good at golf but instead are playing almost every sport in huge numbers except golf: running 10Ks and marathons, playing in after-work soccer, volleyball, softball, tennis and pickleball leagues, doing yoga, workout classes, Peloton and dozens of other sports and activities. I’ve played golf my whole life thanks to my father, but I know very few other women who do.

Does hearing about Tiger’s tampon trick mean a young female athlete coming out of college won’t try golf? That notion might be a bit extreme, but let’s put it this way: when the biggest name in the sport’s history is giddily spreading misogyny down the fairway, it might just confirm a woman’s suspicions about golf and send her to any one of the scores of other sports she can play for the rest of her life without running into a dude playing a juvenile tampon joke. 

Wondering what Tiger was up to, I sent a text Thursday night to his agent, Mark Steinberg: 

“Can you confirm that Tiger gave Justin Thomas a tampon when he outdrove him today? See below.”

I included a tweet with a couple of photos of the alleged incident.

‘Hardly the biggest issue on earth,” I continued, “but it’s getting a lot of play on social media tonight and I want to get it right. 

“If he did, why exactly did Tiger do that? Please tell me it’s not because he wants to send the message that Justin played like a girl. Is Tiger comfortable sending that message to girls and women in 2023? 

“I went to high school with some boys who did those kinds of things 35-40 years ago. Why did Tiger do it today? Thanks.”

Steinberg never replied.

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